{"id":6720,"date":"2018-01-23T18:49:07","date_gmt":"2018-01-23T18:49:07","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=6720"},"modified":"2018-01-23T18:49:07","modified_gmt":"2018-01-23T18:49:07","slug":"total-takes-maersk-assets-kenya-commits-lokichar-lamu-pipeline-route","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/total-takes-maersk-assets-kenya-commits-lokichar-lamu-pipeline-route\/","title":{"rendered":"Total Takes Over Maersk Assets in Kenya Commits to Lokichar to Lamu Pipeline Route"},"content":{"rendered":"

The Kenya government has given a greenlight to the acquisition of Maersk Oil and Gas assets in Kenya by Total following the acquisition<\/a> of 100% of the equity of the Danish E&P company\u00a0Maersk Oil Exploration International (Mogas Kenya) by the French giant in August 2017.<\/p>\n

This gives Total E&P a 25% share in of Blocks 10BA, 10BB and 13T alongside Tullow Oil (operator) and Africa Oil which have 50 percent and 25 percent equity stake respectively.<\/p>\n

\"\"<\/a>The greenlight follows a commitment by the French explorer to the Lokichar to Lamu pipeline route as as the only evacuation route for Kenya\u2019s crude from the South Lokichar oilfields.<\/p>\n

The commitment was made by Momar Nguer, a member of Total\u2019s Executive Committee and its president for marketing and services when he met President Uhuru Kenyatta at State House, Nairobi.<\/p>\n

President Kenyatta welcomed this commitment, which will fasten the development of the resources for the benefit of the Kenyan people.<\/p>\n

Prior to the commitment it was largely viewed that Total E&P would arm twist Kenya to joining the East Africa Crude Oil Pipeline (EACOP<\/a>) running from Hoima, Uganda to Tanga, Tanzania which it is financing to evacuate crude oil from the Albertine basin. Total had been instrumental in scuttling Kenya\u2019s efforts to lure Uganda to build a shared pipeline by preferring<\/a> the Tanzanian route.<\/p>\n

Kenyatta said that Kenya is optimistic that the entry of Total into the Kenya Joint Venture saying it will strengthen the financial resources and technical competence to the Joint Venture and this will go a long way in accelerating the development of the resources in these Blocks.<\/p>\n

President Kenyatta said his administration would accord support to Mogas Kenya and Total SA, and indeed other private sector players that are keen to develop the country\u2019s resources with the goal of delivering shared prosperity.<\/p>\n

The transaction also gives Total the first onshore acreage in Kenya to compliment its five offshore acreage in blocks L5, L7, L11A,L11B and L12 where it has 40 percent stake.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Kenya government has given a greenlight to the acquisition of Maersk Oil and Gas assets in Kenya by Total following the acquisition of 100% of the equity of the … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":3902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[5701,258,259,266,539,673,1252,6685,3909,2466,2534,2603],"class_list":["post-6720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-acquisition","tag-block-10ba","tag-block-10bb","tag-block-13t","tag-crude-oil-pipeline","tag-east-africa-crude-oil-pipeline","tag-kenya","tag-lokichar-to-lamu-pipeline","tag-maersk-oil-and-gas","tag-tanzania","tag-total-ep","tag-uganda","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/10\/Kenya-Uganda-pipeline-design-1.jpg?fit=900%2C610&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1Ko","jetpack-related-posts":[{"id":4661,"url":"https:\/\/www.oilnewskenya.com\/index.php\/breakdown-of-2c-oil-resources-increase-in-south-lokichar-basin\/","url_meta":{"origin":6720,"position":0},"title":"Breakdown of 2C Oil Resources Increase in South Lokichar Basin","author":"","date":"May 10, 2016","format":false,"excerpt":"Africa Oil has announced that an independent assessment of the Company's Contingent Resources in the South Lokichar Basin located in Blocks 10BB and 13T in Kenya has been completed by DeGolyer and MacNaughton Canada Limited (DMCL) increased 2C unrisked resources increased by 150 million barrels (or 24%) to 766 million\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/05\/Kenya-Discoveries-Block-10BB-Block-13T.png?fit=413%2C506&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4060,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-completes-farm-out-of-kenya-ethiopian-licenses-to-maersk-oil\/","url_meta":{"origin":6720,"position":1},"title":"Africa Oil Completes farm-out of Kenya, Ethiopia Licenses with Maersk Oil","author":"","date":"November 9, 2015","format":false,"excerpt":"Africa Oil Corp.\u00a0has announced that it has entered into a definitive farmout agreement with\u00a0a Danish oil and gas company Maersk Oil & Gas A\/S, owned by the Maersk Group\u00a0(\"Maersk\")\u00a0whereby Maersk will acquire 50% of Africa Oil's interests in Blocks 10BB, 13T and 10BA in Kenya and the Rift Basin and\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/11\/maersk-oil-logo.png?fit=1024%2C569&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/11\/maersk-oil-logo.png?fit=1024%2C569&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/11\/maersk-oil-logo.png?fit=1024%2C569&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/11\/maersk-oil-logo.png?fit=1024%2C569&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":4864,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tullow-oil-receives-3-year-license-extension-in-kenyas-blocks-10bb-13t\/","url_meta":{"origin":6720,"position":2},"title":"Tullow Oil Receives 3 Year License Extension in Kenya\u2019s Blocks 10BB, 13T","author":"","date":"July 27, 2016","format":false,"excerpt":"Tullow has announced it has reached an agreement with the Government of Kenya to extend the exploration period for Blocks 10BB and 13T in South Lokichar to 18 September 2020 with the earlier extension set to expire in July and September 2017. This announcement comes as the company expects to\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/11\/Block-10BB-13T.png?fit=361%2C351&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6225,"url":"https:\/\/www.oilnewskenya.com\/index.php\/total-ep-reassures-uganda-commitment-following-entrance-kenyas-oil-rich-turkana\/","url_meta":{"origin":6720,"position":3},"title":"Total E&P Reassures Uganda of its Commitment Following Entrance into Kenya\u2019s Oil Rich Turkana","author":"","date":"August 23, 2017","format":false,"excerpt":"Total has written to Uganda assuring the country that it will not abandon the $3.55 billion heated crude oil pipeline through Tanzania after buying assets in neighbouring Kenya. 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